Latam Airlines Group’s Brazilian unit TAM next year will cut 7% of its domestic capacity, in addition to the 2% already trimmed from the carrier’s 2012 schedule. TAM has steadily been pulling capacity out of the Brazilian domestic market as the country’s economic performance dips. But with forecasts indicating worse to come, TAM CEO Marco Antonio Bologna is now saying the cuts will be expanded. Growth may return to the domestic schedule from 2014, a spokeswoman tells Aviation Week. ...
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